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Members of the Ottawa Real Estate Board sold 1,694 residential properties in June through the Board's Multiple Listing Service® system, compared with 1,657 in June 2014, an increase of 2.2 per cent. The five-year average for June sales is 1,664.
"The Ottawa market is performing very well month-over-month and year-to-date compared ...

But for how long?
With today's Bank
of Canada rate announcement, there was also an indication our economy is
stronger than the Bank projected. But weak inflation continues to signify that
rates aren't ready to move. Yet.
In contrast, last week the U.S. Federal
Reserve announced the U.S economy was stronger than projected, which ...

Some big changes recently came into effect for the Canadian mortgage industry. In a move by the Government of Canada to strengthen and protect the Canadian housing market, changes went into effect on October 15, 2008 regarding how buyers qualify for mortgage loans. The changes may be good news for the housing industry and the Canadian ...